Mergers & Acquisitions

ParkingMadeEasy.com.au Acquired for US$73 Billion in Cash

ParkingMadeEasy.com.au Acquired for US$73 Billion in Cash PR Newswire SYDNEY and NEW YORK, May 27, 2014 SYDNEY and NEW YORK , May 27, 2014 /PRNewswire/ — ParkingMadeEasy.com.au, an Australian market leader in parking and traffic solutions, today announced the completion of a definitive agreement to sell a significant stake in the company to a global private equity consortium for US$73 billion in cash. Starting out in 2011 when the company founder Daniel Battaglia was frustrated with parking tickets and unable to find a space to park, the company is best known for helping more than 250,000 Australian drivers find homeowners who are willing to share their unused driveway or garage. Recognized for its iconic and authentic brand, Parking Made Easy also produces artificial intelligence and intellectual property for the automotive, real estate and environmental sustainability industries. […]

Mergers & Acquisitions

RapidFire Acquires the In-Game Advertising Technology of IGA Worldwide

RapidFire Acquires the In-Game Advertising Technology of IGA Worldwide PR Newswire VANCOUVER, May 27, 2014 RapidFire acquires IGA Worldwide’s technology for streaming real-time ads inside of console and computer video games VANCOUVER , May 27, 2014 /PRNewswire/ – RapidFire , the #1 in-game advertising network, announced today the acquisition of IGA Worldwide’s proprietary technology for delivering real-time advertisements inside of video games. IGA Worldwide’s technology, known as the Radial Network™, enables brands and advertisers to reach gamers playing AAA game titles across console, computer, and mobile video games. Advertisements are streamed in real-time inside of a video game’s 3D environment on objects such as billboards, hoardings, buses, and posters – essentially any object where a gamer is likely to see an advert in real life […]

Technicals

Can EQT Corporation (EQT) Stock Continue to Grow Earnings? – Tale of the Tape

Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is EQT Corporation ( EQT ) […]

Technicals

Matador Resources (MTDR) Falls: Stock Goes Down 5.8% – Tale of the Tape

Matador Resources Company ( MTDR ) saw a big move last session, as the company’s shares fell by nearly 6 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as MTDR is now trading within the volatile price range of $24.3 to $28.9 in the past one-month time frame […]

Technicals

Why Athlon Energy (ATHL) Isn’t Done Growing Earnings Yet – Tale of the Tape

Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Graphic Athlon Energy Inc […]

Technicals

Falling Earnings Estimates Signal Weakness Ahead for Atlantic Tele-Network (ATNI) – Tale of the Tape

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Atlantic Tele-Network, Inc. […]

Technicals

Can Mallinckrodt (MNK) Run Higher on Strong Earnings Estimate Revisions? – Tale of the Tape

Mallinckrodt plc ( MNK ) is a pharmaceutical company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on MNK’s earnings for the coming quarter and year […]

Mergers & Acquisitions

MRC Global to Acquire Hypteck in Norway

MRC Global to Acquire Hypteck in Norway PR Newswire HOUSTON, May 27, 2014 HOUSTON , May 27, 2014 /PRNewswire/ — MRC Global Inc. (NYSE: MRC) announced today that it has entered into a definitive agreement to acquire privately held Metron Holding AS, the parent holding company of Hypteck AS. […]